Best Basic Materials Dividend Stocks to Maximize Your Returns - 2024
The Basic Materials sector is a cornerstone of the global economy, providing the essential raw materials that fuel construction, manufacturing, and industrial processes. For dividend investors, companies in this industry offer a unique combination of stability and growth, driven by consistent demand for resources like metals, chemicals, and construction materials. Basic Materials dividend stocks not only provide a steady stream of income but also offer exposure to cyclical growth, as these companies often benefit from rising commodity prices and infrastructure development. We'll explore a list of top Basic Materials dividend stocks that can help enhance your portfolio with both income and long-term value.
| Stock | Dividend Yield | Pay-out Ratio | P/E Ratio | P/B Ratio | ROE | 5y Dividend Growth | 10y Dividend Growth |
|---|---|---|---|---|---|---|---|
| Rio Tinto | 6.83% | 63.95% | 9.62% | 1.87% | 0.20% | 5.54% | 8.49% |
| SunCoke Energy | 3.50% | 41.74% | 12.43% | 1.62% | 0.14% | 0.00% | 0.00% |
| BHP | 5.50% | 97.14% | 17.11% | 3.00% | 0.18% | 7.38% | 3.80% |
| Vale | 9.52% | 65.65% | 4.45% | 1.08% | 0.24% | 17.48% | 3.47% |
| Procter & Gamble | 2.26% | 66.12% | 28.87% | 7.97% | 0.29% | 5.63% | 4.67% |
| Sherwin-Williams | 0.72% | 27.33% | 38.74% | 23.84% | 0.68% | -6.79% | 1.92% |
| Waste Management | 1.00% | 45.06% | 34.19% | 11.32% | 0.36% | 8.52% | 6.73% |
| Southern Copper | 2.04% | 61.44% | 26.21% | 8.90% | 0.37% | 23.43% | 19.42% |
| Freeport-McMoRan | 1.35% | 54.02% | 32.02% | 3.65% | 0.12% | 31.95% | 0.00% |
| 3M | 2.75% | 55.40% | 16.45% | 15.56% | 0.96% | 4.81% | 10.48% |
| Ecolab | 0.92% | 32.16% | 34.42% | 8.23% | 0.25% | 5.03% | 8.39% |
| Republic Services | 1.02% | 34.17% | 34.23% | 6.01% | 0.18% | 7.42% | 7.60% |
| Nucor | 1.39% | 20.61% | 14.51% | 1.79% | 0.12% | 6.09% | 3.46% |
| Dow | 6.38% | 185.20% | 29.04% | 1.68% | 0.06% | 0.00% | 0.00% |
| Corteva | 1.26% | 65.04% | 64.21% | 1.80% | 0.03% | 0.00% | 0.00% |
| DuPont de Nemours | 1.78% | 79.10% | 44.16% | 1.46% | 0.03% | -1.08% | 1.18% |
| Prudential Financial | 4.09% | 45.82% | 11.07% | 1.49% | 0.14% | 6.79% | 11.20% |
| PPG Industries | 2.11% | 41.52% | 19.81% | 3.78% | 0.19% | 6.43% | 0.49% |
| Newmont | 2.41% | -109.88% | -39.57% | 1.60% | -0.04% | 23.36% | 2.71% |
| Nutrien | 4.41% | 144.91% | 32.92% | 0.97% | 0.03% | 5.40% | 0.00% |
| Vulcan Materials | 0.63% | 28.43% | 45.39% | 4.88% | 0.11% | 8.96% | 45.66% |
| Barrick Gold | 2.12% | 43.24% | 18.96% | 1.29% | 0.07% | 14.50% | -2.86% |
| Martin Marietta Materials | 0.50% | 9.41% | 18.60% | 4.02% | 0.23% | 8.76% | 5.76% |
| Franco-Nevada | 1.18% | -38.12% | -36.63% | 3.87% | -0.11% | 7.44% | 6.57% |
| Agnico Eagle Mines | 1.96% | 66.11% | 41.15% | 2.00% | 0.05% | 29.46% | 6.16% |
| Albemarle | 1.47% | -14.36% | -6.85% | 1.25% | -0.18% | 3.61% | 5.24% |
| Coterra Energy | 3.11% | 50.08% | 16.06% | 1.53% | 0.09% | 36.16% | 27.88% |
| Kellogg | 2.80% | 76.62% | 27.50% | 7.57% | 0.30% | 1.24% | 2.66% |
| Wheaton Precious Metals | 0.98% | 45.58% | 46.97% | 3.94% | 0.09% | 10.76% | 2.92% |
| CRH | 2.33% | 50.25% | 20.82% | 3.39% | 0.17% | 23.27% | 11.12% |
| International Flavors & Fragrances | 2.21% | -26.63% | -10.02% | 1.57% | -0.16% | 2.67% | 8.30% |
| Steel Dynamics | 1.26% | 16.06% | 12.58% | 2.43% | 0.19% | 17.78% | 14.47% |
| Westlake | 1.62% | 267.35% | 166.26% | 1.53% | 0.01% | 13.25% | 7.59% |
| ArcelorMittal | 1.98% | -125.02% | -63.96% | 0.37% | -0.01% | 17.08% | 0.00% |
| Reliance Steel & Aluminum | 1.36% | 23.72% | 16.95% | 2.40% | 0.14% | 14.87% | 9.87% |
| Avery Dennison | 1.65% | 40.40% | 24.49% | 6.89% | 0.30% | 9.61% | 10.80% |
| CF Industries | 2.29% | 30.41% | 13.39% | 3.00% | 0.21% | 5.92% | -3.13% |
| Amcor | 4.79% | 94.93% | 19.61% | 3.85% | 0.20% | 2.25% | 0.00% |
| Packaging of America | 2.02% | 58.14% | 28.56% | 5.17% | 0.19% | 10.76% | 12.70% |
| RPM International | 1.35% | 38.49% | 29.12% | 6.76% | 0.25% | 5.60% | 9.56% |
| Celanese | 3.66% | 28.17% | 7.67% | 1.15% | 0.15% | 6.13% | 18.22% |
| Owens Corning | 1.19% | 19.50% | 16.99% | 3.13% | 0.19% | 26.98% | 0.00% |
| International Paper | 3.15% | 152.86% | 48.76% | 2.37% | 0.05% | -0.79% | 4.00% |
| FMC | 3.90% | 19.96% | 5.11% | 1.62% | 0.33% | 20.99% | 15.69% |
| Crown | 1.09% | 121.43% | 112.01% | 4.34% | 0.04% | 0.00% | 0.00% |
| Advanced Drainage Systems | 0.45% | 9.48% | 21.17% | 106.07% | 0.50% | 11.74% | 0.00% |
| Eastman Chemical | 3.15% | 42.82% | 13.54% | 2.12% | 0.16% | 6.69% | 9.79% |
| WestRock | 1.17% | 164.43% | 72.00% | 1.36% | 0.02% | -8.36% | 0.67% |
| AptarGroup | 1.00% | 33.06% | 34.12% | 4.51% | 0.14% | 3.66% | 4.68% |
| Royal Gold | 1.08% | 36.04% | 33.90% | 3.21% | 0.10% | 8.45% | 4.03% |
| Olin | 1.89% | 63.20% | 32.87% | 2.41% | 0.07% | 0.00% | 0.00% |
| United States Steel | 0.53% | 0.00% | 21.58% | 0.73% | 0.03% | 0.00% | 0.00% |
| First Industrial Realty Trust | 2.63% | 60.52% | 23.38% | 2.74% | 0.12% | 8.03% | 14.18% |
| Simpson Manufacturing | 0.56% | 14.37% | 25.81% | 4.14% | 0.18% | 4.27% | 10.95% |